Norwegian firm chooses Aberdeen for new UK base

New letting sees Aberdeen Energy and Innovation Parks hit highest occupancy level since 2008

Norwegian based subsea construction and engineering firm, Ocean Installer, has selected Scotland’s energy capital to set up a new UK division, in a move that will see the company create up to 100 new jobs in the energy sector.

The company has signed a new ten year lease with Aberdeen Energy Park joint venture partners, Scottish Enterprise and Buccleuch Property, to occupy the entire 10,400 sq ft Innovation Centre, which will be rebranded Ocean Installer House, where it will provide a full range of subsea construction services. This new letting means that the Aberdeen Energy Park’s multi-let buildings have reached the highest occupancy level in four years.

Scottish Enterprise business infrastructure director, Allan McQuade, commented: “Scotland, and in particular Aberdeen, continues to be an attractive proposition for investment from the international energy sector. In partnership with Buccleuch Properties, we have invested in Aberdeen Energy Park to ensure Scotland has a high quality environment to foster future innovation and technological advances in the energy industry. We are delighted that Ocean Installer is setting up its first overseas base in Aberdeen Energy Park and look forward to seeing the company flourish in Scotland’s burgeoning energy sector.”

Cameron MacKay, Associate Director at Buccleuch Property, commented: “This letting demonstrates the success of the joint venture undertaken with Scottish Enterprise. The strategy to invest in the refurbishment of the buildings across the Parks alongside offering flexible accommodation and lease terms, is proving successful in attracting new organisations to the Parks.”

Martin Myhill Sisley, managing director UK at Ocean Installer, said: “We are delighted to have secured this office building, firstly because it will accommodate our current and future colleagues for the growth we anticipate wholly within a building, which Ocean Installer controls. Secondly because it really does make a statement that Ocean Installer is committed to Aberdeen and indeed the UK oil and gas sector.”

The Aberdeen and Grampian Chamber of Commerce has already pre-let 4,720 square feet within The Hub building, which is also on the Aberdeen Energy Park and due for completion later this month. Following completion, a further 7,000 sq ft of Grade A office accommodation with car parking will also be available to lease.

The Aberdeen Energy and Innovation Parks are part of Energetica - a 30 mile low carbon energy technology corridor which is central to the areas vision to become a global energy hub.

Notes to editors

About Buccleuch Property
Buccleuch Property represents the commercial property interest of Buccleuch Group and currently has assets of £350 million in both the UK and abroad. The core of Buccleuch Property’s business is within investment, development, international, land trading and residential

About Aberdeen Energy & Innovation Parks
The Parks are situated in the Bridge of Don area 3 miles north of Aberdeen city centre, easily accessible by car or bus from the A956 and A90. The Parks are located 7 miles east of Aberdeen Airport at Dyce. The ownership of the Parks is a joint venture between Buccleuch Property and Scottish Enterprise. Having acquired a share in the Parks in 2010, Buccleuch Property now manage the Parks. There is a broad range of accommodation available from suites of 250 sq ft to development plots for bespoke new build opportunities. Ryden and Knight Frank are the joint marketing agents for both of the parks.

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